Ramco Industries share price today

Ramco Industries Ltd's share price was ₹307.75 at the close on 4 November 2026. It has been rising for 17 weeks. That is 0.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹240 and ₹368, and at that close it sat 53% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Ramco Industries Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 8 weeks running.

Over the last 11 years the share price moved +251% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 11 September 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: best operating margin in 15 quarters, profit up on a year earlier for 5 quarters in a row and revenue up on a year earlier for 4 quarters in a row.

1. Best operating margin in 15 quarters

   Operating margin was 17% in the June 2026 quarter, against 13% a year earlier.

2. Profit up on a year earlier for 5 quarters in a row

   In the June 2026 quarter profit was ₹87 crore, +31.8% on a year earlier.

3. Revenue up on a year earlier for 4 quarters in a row

   In the June 2026 quarter revenue was ₹614 crore, +15.4% on a year earlier.

For April to June 2026 (the quarter ended 30 June 2026), Ramco Industries reported revenue of ₹614 crore, up 15.4% from ₹532 crore a year earlier, and a profit of ₹87.0 crore, up 31.8% from ₹66.0 crore.

Ramco Industries results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Ramco Industries closed at ₹307.75 on 4 November 2026, down 7.2% from ₹331.70 a year earlier (7 November 2025) and up 9.3% over five years. Its highest weekly close since March 2016 was ₹391.30 on 19 September 2025.

Ramco Industries share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

560 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Ramco Industries closed at ₹307.75, up 8.1% on the week and up 1.7% on the month. 13 Aug 2026: ex-date for a dividend of ₹1.25 a share.

Earlier

• Results for April to June 2026: Revenue up 15.4% and profit up 31.8% on a year earlier.

Ramco Industries paid ₹1.25 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.41% at the ₹307.75 close on 4 November 2026. The last was a dividend of ₹1.25 a share, ex-date 13 August 2026.

Ramco Industries dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Not in its latest year. Ramco Industries Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 10 of its last 13 reported years, so there is a history but no current dividend.

From the NSE corporate-actions record, read 5 November 2026.

What is changing at Ramco Industries, from the latest results and calls: earnings rebound.

• Earnings Rebound. Recent quarters show sequential revenue improvement, with January to March 2026 hitting ₹502 Cr. ⚠ estimate

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown.

Our read after the latest results, written 19 July 2026.

Sustained volume-led growth in the core cement products business accompanied by a reversal in the working capital bloat, specifically a reduction in inventory days back toward the 200-day historical average.

Each change stops working if

• Earnings Rebound: Volume growth stalls in April to June 2026.

The main risks

• Working Capital Bloat: Inventory days expanded from 203 to 235 over four years, absorbing ₹684 Cr of cash. ✓ fact

Our read after the latest results, written 19 July 2026.

When Ramco Industries reports July to September 2026, these are the 3 checks that show whether the story is still on course. First: Operating margin trajectory in April to June 2026.

Ramco Industries is not on any of our India lists this week.

Ramco Industries Ltd earned ₹87.0 Cr of net profit in the Jun 2026 quarter, +31.8% on the same quarter a year earlier. That is the 5th quarter in a row of profit growth. Full-year FY26 profit was ₹306 Cr. Over 10 years profit has grown 4.8% a year on average. That is 14.2% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹66.0 Cr. 1 of the last 12 reported quarters were loss-making.

For the full year, FY26 profit was ₹306 Cr (+69.1% on the year before).

Why profit moved: revenue changed +15.4% on a year earlier and the margin moved +4.0 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +85.8% and revenue +12.9%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

FY26-Q3. Revenue stood at ₹392 Cr with an operating profit of ₹47 Cr. OPM contracted slightly to 12%. PAT jumped to ₹112 Cr, suggesting significant non-operating income or tax benefits during the quarter.

Why-sources: our stock research file (19 July 2026) and the company’s own results for those quarters.

Ramco Industries Ltd reported ₹614 Cr of revenue in the Jun 2026 quarter, +15.4% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 10 years it has grown 7.6% a year on average. The last full year, FY26, came in at ₹1,792 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹1,873 Cr.

FY26 revenue was ₹1,792 Cr, +7.0% on the year before.

Recent pace: the last four quarters grew +12.9% on average, against 7.6% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +13.4%, against +9.6% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +57.7%, against +76.7% a year (rolling over).

FY26-Q3. Revenue stood at ₹392 Cr with an operating profit of ₹47 Cr. OPM contracted slightly to 12%. PAT jumped to ₹112 Cr, suggesting significant non-operating income or tax benefits during the quarter.

Why-sources: our stock research file (19 July 2026) and the company’s own results for those quarters.

Ramco Industries Ltd's operating margin was 17.0% in the Jun 2026 quarter, 4.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between 8.0% and 16.0%. The latest quarter is above every full year in that period.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why this happened. Revenue growth has returned in the last two quarters. However, lack of management commentary makes it difficult to assess if this is structural or pent-up demand.

Why the margin moved: operating margin changed +4.3 percentage points on the year while gross margin changed +6.4 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

FY26-Q3. Revenue stood at ₹392 Cr with an operating profit of ₹47 Cr. OPM contracted slightly to 12%. PAT jumped to ₹112 Cr, suggesting significant non-operating income or tax benefits during the quarter.

Why-sources: our stock research file (19 July 2026) and the company’s own results for those quarters.

Over the last 3 years, 79% of Ramco Industries Ltd's reported profit came in as cash from its operations, so most of the profit is real cash. In FY26 it brought in ₹201 Cr of operating cash against ₹306 Cr of profit. After ₹47.0 Cr of spending on assets, ₹154 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 79% of profit came in as cash: the cash cycle got 45 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: less of the profit turns into cash than it should, and the cash cycle is 45 days longer. The next section looks at where the cash is stuck.

Ramco Industries Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 242 days in FY26, up from 197 days in FY21. It spent ₹109 Cr on assets over the last 3 years. Customers take 18 days to pay, and stock sits for 235 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹1,792 Cr, each day of that cycle ties up about ₹4.9 Cr, so roughly ₹1,188 Cr is tied up in the business at any time.

FY26: customers took 18 days to pay and stock sat for 235 days, about 7.7 months of sales sitting as stock, for a full cycle of 242 days, longer than FY21's 197.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 235 days. Customers pay about 18 days after that. Suppliers are paid at 11 days. Together that makes the 242-day cycle.

Spending on assets: ₹109 Cr over the last 3 years, against ₹110 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹17.0 Cr (FY26): assets paid for that are not earning yet.

In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit.

Ramco Industries Ltd's P/E is 8.5×, near the low end of its own history: it has been lower only 21% of the time. Its usual P/E (the middle reading) is 10.1×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹37.68.